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RAC MORTGAGE INVESTMENT ANNOUNCES MARCH 1992 DIVIDEND

 RAC MORTGAGE INVESTMENT ANNOUNCES MARCH 1992 DIVIDEND
 COLUMBIA, Md., March 18 /PRNewswire/ -- The board of directors of


RAC Mortgage Investment Corporation (NYSE: RMR) today announced its regular monthly dividend for March of $0.15 per share.
 The March dividend will be paid on April 15, 1992, to holders of record on April 8. The ex-dividend trade date is April 2, 1992.
 RAC Mortgage is a publicly held real estate investment trust that purchases and securitizes residential mortgage loans, invests in residential mortgage-related securities and provides funding for mortgage warehouse lines of credit.
 -0- 3/18/92
 /CONTACT: Sylvia R. Gillan of RAC Mortgage Investment, 410-730-6851/
 (RMR) CO: RAC Mortgage Investment Corporation ST: Maryland IN: FIN SU: DIV


MP-LJ -- PH004 -- 9064 03/18/92 08:53 EST
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Publication:PR Newswire
Date:Mar 18, 1992
Words:126
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